PLAY vs VXX: Correlation
Measured on weekly returns over the past three years, Dave & Buster's Entertainment, Inc. (PLAY) and iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) carry a correlation of -0.29, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PLAY and VXX?
Across a 3-year window, the weekly returns of PLAY and VXX correlate at -0.29, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.48 versus -0.29 over 3 years. Stretching to 5 years gives -0.32, with an annualized covariance of -1108.9 %².
Among the 14 assets we track against PLAY, VXX sits near the bottom by co-movement, at rank #14. Over the last 12 months VXX came out ahead by 14.2 percentage points (-63.9% against -49.7%).
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
PLAY vs VXX: side by side
| PLAY (Dave & Buster's Entertainment, Inc.) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | -63.9% | -49.7% |
| 5-year return | -74.8% | -95.6% |
| Volatility (ann.) | 63.8% | 60.9% |
| Beta vs S&P 500 | 1.25 | -3.31 |
| Max drawdown (3Y) | -86.6% | -83.3% |
| Market cap | $0.3B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | PLAY | VXX |
|---|---|---|
| 2022 | -7.7% | -23.8% |
| 2023 | +51.9% | -72.5% |
| 2024 | -45.8% | -26.2% |
| 2025 | -44.5% | -42.2% |
| 2026 | -43.4% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PLAY and VXX good diversifiers for each other?
By historical standards, yes. A correlation of -0.29 means the two rarely move for the same reasons.
FAQ
What is the correlation between PLAY and VXX?
The PLAY/VXX correlation stands at -0.29 on a 3-year window (1 year: -0.48, 5 years: -0.32), computed from weekly returns as of 2026-08-27.
Is VXX a good diversifier for PLAY?
By historical standards, yes. A correlation of -0.29 means the two rarely move for the same reasons.
What does a correlation of -0.29 mean?
A reading of -0.29 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/play-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/play-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: PLAY correlations · VXX correlations
